Chip stocks rise, Nvidia (NVDA.US) up over 2.4%

On Monday, chip stocks rose, with Nvidia (NVDA.US) up more than 2.4%, AMD (AMD.US) up more than 1.6%, TSMC (TSM.US) up more than 3%, and Super Micro Computer (SMCI.US) up more than 2.3%. On the news, Nvidia's relatively conservative gross margin guidance for the rest of this year and 2025 was seen by Morgan Stanley as some strategies to better develop Nvidia. Although the rev0Blackwell production problem affected the gross margin guidance, and there are many unknown factors in the chip market next year, the pressure on Nvidia's gross margin is moderate, and the bearish expectations are exaggerated.

On Monday, September 9, Morgan Stanley's strategy analyst Joseph Moore and his team released a report saying: "Nvidia's not-high enough gross margin has been considered to drag its stock price, but we believe it is a strategy that will allow Nvidia to gain more AI processor market share next year."